Itta/172/2010 Of Commissioner Of Income Tax-Ii, Hyd v. Shri Dharam Chand Galada, Hyd

IN THE HIGH COURT FOR THE STATE OF TELANGANAAT HYDERABAD TUESDAY, THE FOURTH DAY OF FEBRUARYTWO THOUSAND AND TWENTY FIVE PRESENT THE HON'BLE SRI JUSTICE P.SAM KOSHYANDTHE HON'BLE SRI JUSTICE NARSING RAO NANDIKONDA ITTA No: 172 of 201O Appeal filed under Section 260(4) of the Income-Tax Act., [1961, against ][the]order dated 31-08-2007 [passed ]in lT [(SS) ]A.No.176/Hyd/05 [for the ][Block ][period]'1987-88 to '1 977-98 on the file of the lncome Tax Appellate Tribunal HyderabadBench ['A', ]Hyderabad prefened against.-the Order dated [11-10-2005 ][passed ][in]Appeal. No.0216/ClT (A)-lll/05-06 on the file of the Commissioner [of ][lncome Tax](Appeals)-lll, Hyderabad preferred against the dated: 20-09-1999 in 71OISR.1/1999-2000 on the file of the Joint Commissioner of [lncome ][Tax ][(Assts)]Special Range-1, Hyderabad. Between: Commissioner of lncome Tax-ll, Hyderabad ...Appella nt AND Shri Dharam Chand Galada, Plot No. 427, Road No. [20, ]Jubilee [Hills,]Hyderabad. -...Respondent Counsel for the Appellant: Ms. J. Sunitha, [Junior Standing ][Counsel]representing Mr. P. Murali Krishna, Senior Standing Counsel [for ][lncome Tax Department] Counsel for the Respondent: Sri C. Gunaranjan The Court delivered the following: THE HONOURABLE SRI JUSTICE P.SAM KOSHYANDTHE HO:{OURABLE SRI JUSTICE NARSING RAONANDIKONDA ITTA No.172 OF 2010 JT]DGMENl' (per [Ion'ble Sri Justice P.Sam Koshy) Heard Ms. J. Sunitha, leamed Junior Standing Counselrepresenting Mr. P.Murali Krishna, leamed Senior StandingCounsel fbr the lncome Tax Departrnent for the appellant.Perused the record. 2. This appeal r-rnder Section 260A of the Income Tax Act,1961, has been preferred by the Revenue as the appellantagainst thc orclc-r dated 31.08.2007 passed by the lncome TaxAppellate Tribunal. Hyderabad Bench 'A', Hyderabad, in I.T (SS)A.No. I 76lH1 d/2005 for the block period 1987-88 to 1977 -98. 3. Central Board of Direct Taxes (CBDT) has issued Circular /No.9 of 2021 dated, 17.09.2024, amending the previous.CircularNo.5 of 2024 dated 15.03.2024, by fuither enhancing the monetarylimits for filing appeals by the Income Tax Department before theIncome Tax Appellate Tribunals, High Courts and Supreme Court\ I as a measure for reducing [litigation. ][In ][paragraph ][2 ][of ][the ][said]Circular, we [find ][that ][the monetary ][limit ][fixed ][for ][filing ][an appeal]before the High Court [is ][Rs.2.00 crore.] 4. In the instant appeal, [tax effect ][is ][well ][below the ][monetary]limit. 5. Therefore, the appeal [filed by ][the ][Department ][is ][dismissed in]terms of the aforesaid [Circular ][No.9 ][of ][2024 ][dated ][17'09'2024']Flowever, if the [appeal comes ][within the ][exception ][of ][Circular]No.5 of 2024, it [would ][be ][open ][to ][the Income ][Tax ][Department ][to]seek revival ofthe appeal. [There shall ][be ][no order ][as ][to ][costs'] \ 6. Consequently, [miscellaneous ][petitions pending, ][if ][any, ][shall]stand closed. Sd/- A.v.s.s.c[.S.M. SARMA]OINT cTloN //TRUE To, 1. The [lncome Tax Appellate Tribunal Hyderabad ][Bench ]['A" ][Hyderabad'] 2. The [Commissioner of lncome Tax ][(Appeals)-lll' ][Hyderabad'] The 3. The [Joint Commissioner of lncome Tax (Assts) Special Range-1' Hyderabad']rrl'nna' [Senior ][standins ][counsel ][ror ][lncome ][rax]rrl'nna' [Senior ][standins ][counsel ][ror ][lncome ][rax]t SJo?"tfii,5;tlc,*""ii SJo?"tfii,5;tlc,*""ii 5. One [to ][Sri ][C' ][Gunaranjan' ][Advocate ][ 6. Two [CoPies] katr.tv,v, II o HIGH COURT DATED:0410212025 JUDGMENTITTA.No.172 of 2010 DISMISSING OFTHE APPEAL ,t; /€c).J2 [1 ][tlAR ][2[25]Itr)!sr, ',.-